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Investing.com -- ATI Inc. (NYSE:ATI) saw its shares jump 12% after the aerospace and defense supplier reported first-quarter earnings that exceeded analyst expectations and provided an upbeat outlook for the full year.
The company posted adjusted earnings per share of $0.72 for Q1 2025, surpassing the consensus estimate of $0.60. Revenue came in at $1.14 billion, above analysts’ projections of $1.08 billion and up 10% YoY.
ATI’s strong performance was driven by robust demand in its aerospace and defense segment, which accounted for 66% of Q1 sales at $754 million, representing a 23% increase YoY.
"Our differentiated solutions continue to resonate with aerospace and defense customers, reflected in robust demand and growing contractual support," said CEO Kimberly A. Fields.
Looking ahead, ATI provided guidance above Wall Street expectations. For Q2 2025, the company forecasts adjusted EPS of $0.67-$0.73, compared to the $0.67 consensus. Full-year 2025 adjusted EPS is projected at $2.87-$3.09, topping analysts’ estimates of $2.86.
The company also announced plans to repurchase approximately $250 million in shares during the second quarter.
ATI’s positive results and outlook reflect continued strength in the aerospace and defense markets, positioning the company for sustained growth in its high-performance materials segment.
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